Today I would like to discuss the Elastos blockchain structure $ELA, and why it is different from other blockchains such as bitcoin $BTC and Ethereum $ETH.
Down the road a few years, the future of blockchains could rest upon the merged mined dual blockchain structure that is the base layer of the Elastos architecture. With Elastos, this lowest level blockchain, is the Bitcoin blockchain $BTC.
Elastos has designed their blockchain structure to consist of multiple layers of blockchains, with the lowest level blockchain, the primary blockchain, is responsible for the security policy, which is backed by the largest amount of computational power. That is why the Elastos main chain $ELA, which launched in December 2017, is a pure Proof of work mechanism which mimics the bitcoin blockchain and can be merged mined in conjunction with the bitcoin blockchain.
In the future, Elastos will be transitioning from a pure proof of work (POW) consensus on their mainchain, to a hybrid proof of work and delegated proof of stake consensus (dPOS).
On top of the Elastos blockchin is what we haven’t dove into is the sidechains. The Elastos sidechain whitepaper has just dropped, so in my next video I will be diving into the sidechains and how they will communicate with the Elastos blockchain.
Check Out My Website
https://chicocrypto.com/Follow Me On Twitter
https://twitter.com/ChicoCryptoJoin The Chat On Telegram
https://t.me/chicocryptoBeer Money Donations
BTC-1MRZnYYpMwrmhG6oEd9HYbSzJoVSvPdih9
ETH-0x6b0e08fac3c9d71f44fc0bb8e3ec31ddc2dc04cf
Won't Take Your NEO or NEOGas HODL Those Puppies
DISCLAIMER: I am not a financial adviser. Please don't take any of this information as financial advice. I am just a dude who knows crypto like the back of his hand. Be responsible for your own investments & trades!!!
About the Site 🌐
This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥
Origins of the Idea 🌱
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
Challenges Faced 🤔
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍
Creating Truly Random Links 🛠️
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube 📺
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟
Content and Users 🎵
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact 🤑
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈
List of ours generators⚡
Random YouTube Videos Generator
Random Film and Animation Video Generator
Random Autos and Vehicles Video Generator
Random Music Video Generator
Random Pets and Animals Video Generator
Random Sports Video Generator
Random Travel and Events Video Generator
Random Gaming Video Generator
Random People and Blogs Video Generator
Random Comedy Video Generator
Random Entertainment Video Generator
Random News and Politics Video Generator
Random Howto and Style Video Generator
Random Education Video Generator
Random Science and Technology Video Generator
Random Nonprofits and Activism Video Generator
